Reserves Held by Schools, 31 March 2009

Statistics on reserves held by schools include data for Wales for the period 2007-08 and 2008-09.

The key points from the latest release are:

• The overall level of reserves held by schools in Wales was £75 million at 31 March 2009, the equivalent of £164 per pupil.  This is a decrease of 2.2% over the previous year.  Reserves in primary schools accounted for £48 million or 64% of the total.
• The level of reserves as a percentage of delegated schools expenditure was 4.1%, a decrease of 0.3 percentage points over the previous year.
• Isle of Anglesey had the highest level of reserves as a percentage of delegated school expenditure at 8.6% and Denbighshire had the lowest at 2.4%.
• At 31 March 2009, 176 primary, 52 secondary and 6 special schools in Wales had negative reserves (i.e. deficits) totalling £10 million.  The remaining 1,594 schools had positive reserves, 368 of which had reserves in excess of 10% of their total delegated expenditure.

Contact

Tel: 029 2082 3519
E-mail: stats.finance@wales.gsi.gov.uk

Next update

October 2010 (provisional - to be confirmed on the Due Out Soon page)